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Linedata wins ‘Best Portfolio Management Software Provider’ at HFMWeek European Service Provider Awards

Linedata, the global solutions provider dedicated to the investment management and credit industry, today announced it had been named “Best Portfolio Management Software Provider” at the annual HFMWeek European Service Provider Awards. This award is for Linedata Beauchamp, the leading portfolio management solution for hedge funds.

For the second year running, Linedata has won an HFMWeek award in the highly competitive space of hedge fund technology field. HFMWeek gather a panel of senior level industry representatives to judge the entries. They identify companies that have outperformed their peers over the course of the past year. In 2011, the panel selected Linedata Beauchamp for the richness of its functionality, praising its ability to provide robust support for hedge funds in terms of increased transparency and additional reporting demands. Other areas the judges highlighted were the innovative ‘Alpha approach’ for hedge fund start-ups, the acquisition of significant clients and a continuing product development process. This is Linedata’s fifth international hedge fund award in 18 months.

“Linedata is delighted to be recognised as providing, in Linedata Beauchamp, the best portfolio management software for hedge funds,” commented Adrian Andrews, Managing Director of Linedata Northern Europe. “These are exciting times for Linedata and for our hedge fund team in particular. Not only do we offer Linedata Beauchamp, we have a full front-to-back solution for hedge funds, which is meeting the needs of an increasing number of managers who are looking to derive maximum benefit from their software and nurture a relationship with a single, trusted vendor. We know from experience that we can meet the needs of any fund, from start-ups to the largest hedge funds in the world.”

Linedata’s experience in meeting the needs of its 275 hedge fund clients spans over 10 years and five continents and is reflected in the continuous growth of its client base. Linedata has considerably strengthened its global hedge fund team in the past 18 months, backed by the company’s strong financial base and long-term commitment to investment.

“It is an honour to receive an award from the industries we serve,” said Anvaraly Jiva, Chairman and Chief Executive of Linedata. “We continue to invest in our comprehensive hedge fund solution and to meet the needs of our clients not only in Europe but also in North America, Asia and beyond. This award from HFMWeek reflects that on-going commitment to the market and to the innovation we deliver to give our clients a competitive edge.”